Ep. 688: Bob Enck Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Diversification in the Equity Market
The equity bull market will not last forever. We all know that diversification works, but how are you going to get allocators to dial up their diversifiers? It's almost like begging folks to do something that's really good for them but it's probably much better for them in a much higher number than 5 to 10%. Isn't it? Oh yes, if you look at the results of what a higher allocation to a non-correlated asset class with positive expectancy does to a portfolio, more is better. The challenge is giving up the tie to the current market conditions where your benchmark is,. gee how are you doing versus the S&P 500? That's a challenge right
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